$GOOG TOP 20
Added 2023-10-25 15:49:51 +0000 UTCSo this is the chart we have had for $GOOG for the last few weeks and we said that we could not explain why all the Mega Caps in our Top 20 have shown a clear Wave 4 and $GOOG had yet to shown its own, so we set our Wave 4 target at $126......and it hit exactly at $126 today at the opening.
I believe the price reduction was very aggressive for a slight miss on cloud revenue estimates.
That being said, it needed to post an ABC count for Wave 4 and it has done just that, exactly as we expected.
$GOOG reported revenue of $78 Billion this quarter!! $GOOG is incredibly strong right now.
$GOOG needs to show support now and if the remaining Mega Caps report strong beats this week, this will likely move higher too.
Comments
Nope, I’m gonna focus on $AMZN or adding to my current holdings if I buy again but right now I am holding off
Gareth Neary
2023-10-25 16:10:53 +0000 UTCAre you considering buying here or are you holding off?
G
2023-10-25 15:53:03 +0000 UTC
